Vanstar Mining Resources Inc.
TSX VENTURE : VSR

June 29, 2011 09:30 ET

Vanstar Shareholders Approve the 3 Propositions Submitted at the Special Shareholders Meeting

LA PRAIRIE, QUEBEC--(Marketwire - June 29, 2011) - The management of Vanstar Mining Resources Inc. (TSX VENTURE:VSR) is pleased to announce that its shareholders approved all 3 propositions submitted by management at the Special shareholders meeting that was held on June 23.

For the proposition regarding the election of directors, 100 % of the votes cast were in favor of the proposition;

For the proposition regarding the appointment of the auditors, 100 % of the votes cast were in favor of the proposition;

For the proposition regarding the modification to the Stock option plan that increases to 2,900,000 the maximum number of shares that can be issued within the Plan, 100 % of the arm's length votes cast were in favor of the proposition.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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